“We have launched a national strategy for artificial intelligence to make it an integral part of our business, our lives and our government services,” said Sheikh Mohammed bin Rashid Al Maktoum, Vice …
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Dubai expects 2.1% growth in 2019 on Expo preparation
Dubai, whose economy is focused on tourism and international business services, saw its economy grow by just 1.94 per cent in 2018 amid a downturn in its real estate market. Recently announced …
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Dubai targets 3.8% GDP growth in Expo 2020 year
who are expected to receive close to Dh5.2 billion in new business up to April 2021 when the event ends. “Expo 2020 Dubai represents a strategic investment in the ongoing transition of the …
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Abu Dhabi’s real estate investment law reforms are ‘gaming changing,’ developer says
“With all of that, we’re hoping to see much more job creation in Abu Dhabi, and more demand for real estate across all of the asset classes,” Al Dhiyebi said. Got a confidential news tip? We want to …
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Dubai’s Escape From Economic Funk Hinges on Retail, Tourism
A turnaround for the economy is riding on a better performance for industries other than Dubai’s bellwether real estate sector, with improvements seen this year and next for finance, tourism as well …
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UAE named Vice Chairman of Belt and Road Initiative Tax Administration Organisation
Representatives from FTA and the Ministry of Finance joined the delegation to the conference, during which the UAE delegates sought to introduce attendees to the country’s tax system and strengthen …
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‘Dubai’s real estate sector key source of economic growth’
Real estate sector in Dubai has always been a key source of remarkably contributing to the economy. Property developers and real estate agents are behind the success of the emirate’s booming …
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Property investors can secure best returns and a long-term UAE visa
Property investors can invest in more than 40 communities across the UAE, mainly in Dubai, to secure a long-term visa and better returns on their investment. Majority of foreigners prefer to invest …
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Dubai’s Escape From Its Economic Funk Hinges on Retail, Tourism
Dubai is looking to retail and tourism to break free of its … “Economic momentum has picked up at the beginning of this year with a surge in new business licenses and improved optimism on jobs and …
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Dubai’s best budget lunches 2019
JLT Cluster D (04 565 6088). Opening soon: Burj Vista, Downtown Dubai. Mix cheese fataya at Mama’esh This longstanding budget restaurant has quite the following in Business Bay. And if you’re partial …
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Solar panels installed in 554 citizens’ homes
The Etihad ESCO has successfully installed photovoltaic solar panels, with Dewa’s support, on 554 rooftops of citizens’ homes in Hatta and the retrofitting of 2,092 facilities and buildings in Dubai. …
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Saudi, UAE pledge $3 bn financial aid for Sudan
Riyadh (AFP) – Saudi Arabia and the United Arab Emirates on Sunday announced three billion dollars (2.7 billion euros) in financial support for Sudan following the overthrow of longtime leader Omar al …
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Dubai offers investment opportunities in major public parks
Dubai Municipality has announced several investment opportunities in the emirate’s public parks, such as the event spaces, and the allocation of different areas for restaurants and small shops. …
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Top ADCB executives appointed to lead Al Hilal Bank
Dubai: Senior executives at Abu Dhabi Commercial Bank (ADCB) were appointed to top leadership positions at Al Hilal Bank, as it prepares to be acquired by ADCB. Alaa Eraiqat, group chief executive …
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Al Hilal Bank Embarks on Digital Transformation Under the Leadership of Amr Al Menhali, Newly Appointed
UAE-based Al Hilal Bank has set out a new road map to transform into a digital-focused retail bank, investing significantly in distinctive and innovative technology to substantially enhance its …
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Saudi Arabia, UAE grant $3 billion of support to Sudan
DUBAI (Reuters) – Saudi Arabia and the United … medicine and petroleum products, their state news agencies said in parallel statements. “This is to strengthen its financial position, ease …
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Dubai Expo 2020 driving UAE logistics sector
“[Logistics] is witnessing a business boom, when other sectors are observing slow growth,” he said. “Expo 2020 is expected to drive the logistics and supply chain segment even further and cement the …
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